look news india
Aadhaar Housing Finance: Assets under management (AUM) rose 21 per cent to Rs 30,2024. Which was Rs 22,817 crore on 30 September 2023. 18,885 crore, while the total number of loan accounts stood at 2,77,000+ as of September 30, 2024. Profit after tax (net profit) increased by 24 per cent year-on-year to Rs 428 crore in H1FY 2024-25, compared to Rs 428 crore in H1F FY 2023-24. 344 crores.
Profit after tax (net profit) in the second quarter of the financial year 2024-25 increased by 15 percent year-on-year to Rs. Which was Rs 228 crore in the second quarter of the financial year 2023-24. The net worth as on 30 September 2024 was Rs 197 crore. 5,872 crores, of which the primary sum is Rs. IPO proceeds include Rs 1,000 crore (gross). Return on assets (ROA) in H1FY2024-25 stood at 4.2%, while it was 4.0% in H1FY2023-24.
Return on equity (ROE) in H1FY2024-25 was 16.5% (see note above), while gross NPA stood at 1.29% as on September 30, 2023, compared to 17.7% in H1FY2023-24. It was 1.35 percent per day. In this way there was an improvement of 6 bps.
On the performance of Q2 and H1 of FY 2024-25, Mr. Rishi Anand, MD and CEO of Aadhar Housing Finance Limited said, “We have completed the first half of FY 2024-25 with consistent growth on all metrics.
In Q2FY24-25, we increased our AUM (assets under management) by 21 per cent to Rs. 22,817 crores. This is the highest till date. Our PAT (net profit) for H1FY 2024-25 is expected to grow 24 per cent year-on-year to Rs. 428 crores.